Maria Ström
Associate
Stockholm
Newsletter
Tax aspects relating to Swedish proposal to introduce open-ended investment companies (OEIC)
by Maria Ström and Ebba Perman Borg
Published:
On 10 December 2025, the Swedish Fund Market Inquiry (Sw. Fondmarknadsutredningen) presented a report proposing to introduce a new corporate fund structure in the form of so-called open-ended investment companies (OEIC). Schjødt have previously reported on the proposal for the new Swedish “OEIC Act” (Sw. fondandelsbolagslagen), including tax aspects related to the new corporate form. The previous article can be found here.
In short, the proposed reform aims to offer corporate fund structures similar to those available abroad to strengthen the competitiveness of the Swedish fund market, as funds today can only be created on a contractual basis. Under the proposal, OEICs may be established either as (i) an investment company (Sw. investeringsbolag) governed by the Swedish UCITS Act, or (ii) an AIF company (Sw. AIF‑bolag) governed by the AIFMA. Investment companies governed by the Swedish UCITS Act and AIF companies authorised as special funds should be subject to the same tax treatment as UCITS and special funds established as contractual funds.
The proposal envisages that the legislation will enter into force on 1 July 2027.
